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I don't remember the source but I heard today that the public thinks the point of action on fuel cost is $5.30 a gallon. While I may not agree with that statement, I understand the point being that the public has been brainwashed into complacence on energy costs.
I guess it's time for action when you are tossing 50 cents a mile out the window in your FSP at 10 MPG.
I guess when I was getting 45 MPG in 1984 I was just an idiot driving around in a tiny death trap. I wonder how much money I have today compared to what I would have if I had driven something that got 10 MPG for the last 28 years and probably 500k miles.
Maybe they don't understand that regardless of the price, that is 50,000 gallons of fuel.
At today's prices that is pushing $200,000. That amount in your pocket today would place you in probably the top 15% of the US in personal net worth, to say nothing about the money you could have earned on that much if you had saved it. Maybe half a million.
regards
mech
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